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export-control violations

2 articles
The Motley FoolThe Motley Fool··Geoffrey Seiler

Super Micro's Export Scandal Deepens: DOJ Indicts Co-Founder Over $2.5B GPU Smuggling

DOJ indicts Super Micro Computer co-founder and two employees for illegally exporting $2.5B in Nvidia GPUs to China, compounding prior accounting and compliance issues.
NVDASMCIaccounting scandalgovernance concerns
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Geller Rudman & Dowd Llp

Super Micro Computer Stock Crashes 33% Amid Export Control Indictments

Three Super Micro Computer executives indicted for export violations; stock plummets 33%. Law firm investigates potential securities fraud claims.
SMCIsecurities fraudstock price decline